Infosys may move to
Rs 3300-3350: Rahul Mohindar
Infosys on long-term looks very strong, very solid; continuing to see that Rs 3000-3020 levels. If one looks at the last one year I was pointing out that has been very big barrier. The fact that we are getting out of the range and that range could be seen as fairly large around Rs 3100 on the top and at about almost Rs 2100 as the bottom. It is a very big range which is breaking out."
Rahul Mohindar of viratechindia.com told CNBC-TV18, "
"For the short-term trader if one is looking for the last 4-5 percent this is probably one of the stocks which look cleanest on the chart from an intraday angle. If it is a one week innings, Infosys is a great stock to be with. Even for that matter if one wants to hold on to it, I wouldn't be surprised if the stock over the next 6 months moves to about Rs 3300 to Rs 3350, so those are the kind of targets I am moving with. For the short-term trader I would definitely advocate a stop loss around Rs 2920," he said.
To know more what's happening in the market contact Niva Capital Advisory or visit www.nivaca.com
Phone Number:- +91 90360 55100/200/300
0 comments:
Post a Comment